Latest News in the Insurance Industry
- Willis India to Appeal Insurance Regulators Decision on License Renewal
9 Sep 2010 at 5:40am
Willis Group Holdings announced today that it will appeal a decision by India's Insurance Regulatory & Development Authority (IRDA) that it is "not inclined to accept" the license renewal ...
- PartnerRe to Repurchase Up To 7 Million Common Shares
9 Sep 2010 at 5:37am
PartnerRe Ltd. announced that its Board of Directors has approved a new share repurchase authorization up to a total of 7 million common shares, effective immediately. "This replaces the prior ...
- Best Reports Healthy Earnings 'Mask Challenges' for Global Reinsurers
9 Sep 2010 at 5:33am
A special report from A.M. Best concludes that "robust earnings reports mask challenges ahead for the global reinsurance industry: a convergence of market pressures, low interest rates and ...
- Australia Regulator Blocks NAB's $12 Billion AXA Asia Pacific Bid
9 Sep 2010 at 5:08am
Australia's competition regulator has again blocked National Australia Bank's $12 billion bid for AXA Asia Pacific, dealing a blow to NAB's 9-month efforts to cement its dominance in the world's .....
- Aon Benfield Appoints Van Slooten to Head International Research Team
9 Sep 2010 at 5:03am
Aon Benfield has appointed Mike Van Slooten as head of the International Research team, which monitors and analyzes reinsurers and market trends. He will be responsible for "organizing market ...
- Wylie Insurance Joins The Iroquois Group
9 Sep 2010 at 1:26am
Wylie Insurance of Modesto, Calif., has joined The Iroquois Group. According to agency principal Alisa Bierria-Wylie, Wylie Insurance was founded in 2007 and offers auto, home, life, health, ...
- Bolton & Co. Joins Benefit Advisors Network
9 Sep 2010 at 1:23am
Pasadena, Calif.-based Bolton & Co. has joined Benefit Advisors Network (BAN), a national network of independent benefit advisory and consulting companies. To be admitted to BAN, firms go ...
- Car Booster Seats Make Gains in Insurance Testing
9 Sep 2010 at 1:13am
Car booster seats have made strides in ensuring a proper fit for children in the back seat, according to a review by the insurance industry. The Insurance Institute for Highway Safety gave its top ...